We own our home, have kept all of our monthly bills up to date and have not defaulted on anything, (maybe a little late but always paid) I have a mortgage, home equity, personal loan a student loan, a auto loan and 2 high credit card bills. We are pretty much at a point where we cannot keep up any more.
I tried to refinance and was turned down because I am a contractor where I work not a full employee.
Will any company refinance my loans if I am a contractor where I work? Where else can I turn, I have contacted CCCS, but I am so leary of giving them my personal info. What can I do?
I strongly suggest that you put a loan application on LendingClub.com and see what rates you can get. With LendingClub it doesn’t matter if you are a contractor and people from all over will chip in to fund part of your loan to spread their risk and help you get funded with others won’t. LendingClub is a peer-to-peer lending network.
If that does work out for you, come back and let me know with an update and we will then move on to Plan B.
Please update me on your progress by posting updates here in the comments section of your question. I’m very interested in how this works out for you.
You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.
P.S. Be sure to read ‘The Secret of Surviving Through Difficult Economic Times. What I Learned On My Journey‘.